FinVolution Group, a leading fintech platform announced it has released its 2022 Environmental, Social, and Governance (ESG) report, the Company’s fifth consecutive annual ESG report. The report highlights FinVolution’s ESG efforts and accomplishments in 2022, underscoring its long-standing commitment to a better society and environmental sustainability.
Mr. Tiezheng Li, President and CEO of FinVolution, commented, “Guided by our long-standing values of ‘customer-oriented, simple and reliable, excellence-driven, mutual empowerment,’ FinVolution strives to integrate ESG best practices across its business operations. We actively deepened our ESG engagement in 2022, empowering finance with technology to advance financial inclusivity, accelerate innovation and bolster the protection of consumer rights and interests. Our 2022 ESG report is a snapshot of our forward-thinking initiatives, showcasing our dedication to driving sustainability and enhancing value creation for our stakeholders.“
“In 2022, we obtained the ISO 14064 verification from SGS, a well-known international standard certification organization. We also achieved the United Nations Sustainable Development Goals and publicly endorsed and advocated for the Ten Principles of the United Nations Global Compact. Thanks to these and other efforts, we are proud to have received a “low risk” ESG rating from Sustainalytics for the second consecutive year, a powerful testament to our vision for the future of ESG as well as our effective sustainability policies and practices. Moving forward, we will expand our cooperation with independent ESG rating platforms around the globe as we broaden FinVolution’s international presence, leveraging innovative technologies to contribute to sustainability and make financial services better worldwide.” concluded Mr. Li.
Key highlights from FinVolution’s 2022 ESG report include the Company’s initiatives with respect to:
- ESG strategy and management;
- Comprehensive risk management;
- Information security & privacy protection;
- Customer protection & responsible operations;
- Inclusive finance;
- Employee care and training & development mechanisms; and
- Contribution to industry development.
These disclosures detail the Company’s strategy for responsible and sustainable growth and innovation. The ESG report has been prepared in compliance with the core option of the Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards) and in accordance with MSCI ESG Rating Methodology. For more information regarding GRI Standard and MSCI ESG Rating Methodology.
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